Global Payments (NYSE: GPN) director reports stock purchases and share transfer

Rhea-AI Filing Summary

Global Payments Inc. director reports stock purchases and a share transfer. Director Robert H.B. Baldwin, Jr. bought 3,000 shares of Global Payments common stock on 12/10/2025 at $80.25 per share and 10,392 shares on 12/11/2025 at a weighted average price of $81.42 per share, through open-market broker transactions within a price range of $81.12 to $81.84. On 12/11/2025, he also transferred 13,392 shares without receiving any consideration. After these transactions, he directly beneficially owned 45,911 shares of Global Payments common stock.

Insider Trade Summary

Net Buyer: 13,392 shares ($1,086,867)

Net Buy 3 txns

Insider BALDWIN ROBERT H B JR

Role Director

Bought 13,392 shs ($1.09M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	10,392	$81.42	$846K
Gift	Common Stock	13,392	$0.00	--
Purchase	Common Stock	3,000	$80.25	$241K

Holdings After Transaction: Common Stock — 59,303 shares (Direct)

Footnotes (1)

1. Reflects the weighted average purchase price. The range of prices for such transaction is $81.12 to $81.84. Open market purchase transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price. Shares were transferred without consideration.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BALDWIN ROBERT H B JR

(Last) (First) (Middle)

3550 LENOX ROAD

(Street)

ATLANTA GA 30326

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL PAYMENTS INC [ GPN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/10/2025		P		3,000	A	$80.25	48,911	D
Common Stock	12/11/2025		P		10,392	A	$81.42(1)	59,303	D
Common Stock	12/11/2025		G		13,392	D	$0(2)	45,911	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the weighted average purchase price. The range of prices for such transaction is $81.12 to $81.84. Open market purchase transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price.

2. Shares were transferred without consideration.

	/s/ Dara Steele-Belkin, attorney-in-fact for Mr. Robert H.B. Baldwin, Jr.	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions were reported for GPN in this Form 4?

The filing reports that director Robert H.B. Baldwin, Jr. purchased 3,000 Global Payments shares on 12/10/2025 at $80.25 per share and 10,392 shares on 12/11/2025 at a weighted average price of $81.42 per share, and transferred 13,392 shares without consideration on 12/11/2025.

How many Global Payments (GPN) shares does the director hold after these trades?

Following the reported transactions, director Robert H.B. Baldwin, Jr. directly beneficially owned 45,911 shares of Global Payments common stock.

What prices did the Global Payments (GPN) director pay for the purchased shares?

The director bought 3,000 shares at $80.25 per share on 12/10/2025 and 10,392 shares at a weighted average price of $81.42 per share on 12/11/2025, with individual trades on that day ranging from $81.12 to $81.84.

What is meant by the weighted average price in this Global Payments (GPN) Form 4?

The weighted average purchase price of $81.42 reflects multiple open-market trades in Global Payments stock on 12/11/2025, executed by a broker-dealer within the price range of $81.12 to $81.84, reported together on a single line.

What does the transfer of 13,392 Global Payments (GPN) shares represent?

The filing notes that 13,392 Global Payments shares were transferred without consideration, meaning the director did not receive payment for these shares, which reduced his directly held position.

Is the reporting person in this Global Payments (GPN) filing an officer or a director?

The reporting person, Robert H.B. Baldwin, Jr., is identified as a director of Global Payments Inc. and the Form 4 is filed for one reporting person.